Loading judgment…
Facts
The assessee filed appeals challenging the order of the CIT(A) for Assessment Years 2014-15 and 2015-16. The assessee later filed applications stating they opted to settle disputes through the Direct Tax Vivad Se Vishwas Scheme, 2024.
Held
The Tribunal noted the assessee's application to settle disputes under the Direct Tax Vivad Se Vishwas Scheme. Consequently, the appeals were dismissed as withdrawn.
Key Issues
Whether the appeals should be dismissed as withdrawn due to the assessee opting for the Direct Tax Vivad Se Vishwas Scheme.
Sections Cited
250
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, “SMC” BENCH, MUMBAI
Before: AND SHRI. OMKARESHWAR CHIDARA, AM
O R D E R Per Kavitha Rajagopal, J M: These appeals have been filed by the assessee, challenging the order of the learned Commissioner of Income Tax (Appeals)-8, Mumbai (‘ld. CIT(A)’ for short), passed u/s. 250 of the Income Tax Act, 1961 (‘the Act'), pertaining to the Assessment Year (‘A.Y.’ for short) 2014-15 and 2015-16.
(A.Y. 2011-12) 2. The assessee filed an application dated 17.01.2025 stating that the assessee has opted to settle the dispute through the Direct Tax Vivad Se Vishwas Scheme, 2024 along with the relevant forms as per the DTVSV 2024 scheme. 3. Upon perusal of the same, we deem it fit to dismiss the appeals filed by the assessee as withdrawn with the liberty that the assessee may revive the appeal if the same has not been settled in the DTVSV scheme, if and when necessary.
& 558/Mum/2024 (A.Y. 2011-12 & 2012-13) Bankesh Chandra Agarwal 4. In the result, the appeal filed by the assessee is dismissed as withdrawn.
(A.Y. 2012-13) 5. The learned Authorised for the assessee filed an application dated 19.02.2025 stating that the assessee has opted to settle the dispute through the Direct Tax Vivad Se Vishwas Scheme, 2024 along with the relevant forms as per the DTVSV 2024 scheme 6. Upon perusal of the same, we deem it fit to dismiss the appeals filed by the assessee as withdrawn with the liberty that the assessee may revive the appeal if the same has not been settled in the DTVSV scheme, if and when necessary.
In the result, the appeals filed by the assessee are dismissed as withdrawn. Order pronounced in the open court on 21.02.2025